lenders, help! is it possible to get a mortege in my wifes name?

[Michael H.]

is it possible for a lender, in Texas, to get a mortgage using my wifes credit and income only? our current mortgages are only in my name, not hers. WE have Identified a property and need to get approved fast! is it possible? this is for a FHA (neither of use have had an FHA before and we will be occupying the property)

*sorry for typo in title, it wont let me edit*

[Chris Mason]

Originally posted by @Tyler Rowland:

Clarification!

9 states in the Union that do not allow you to separate spousal debt when applying for a loan. So in this case, because Texas is one of the 9 states that has what is is called Community Property Laws, we have to include all debts from both married individuals.

So while people are able to keep debts separate within matrimony in other states, the community property laws make couples include all debts with in the marriage. 

Hindsight is 20/20, and looking at my first post, I feel embarrassed I was so confident. I also feel learning, which is why I am here on bigger pockets. My apologies @Michael B.

The FHA loan can still be done in one spouse's name only, but all debts held by BOTH spouse have to be considered when determining a debt to income ratio. Which most of the time necessitates more income to offset the debt.

 Further clarification!

The "community property" state issue (my market, California, is one of the 9) is only for gov't loans. FHA/VA/USDA.

In all states, including the 9 community property states, you can disregard/ignore spousal debts/liabilities for Fannie Mae loans.

(Target audience of this post is the lurkers finding this on google, not OP or Tyler)